Known Issue 396

For specific exposure scenarios NetOfPreCat losses in the ByEvent table can be incorrect.

Issue ID 396
Summary For specific exposure scenarios NetOfPreCat losses in the ByEvent table can be incorrect.
Description If the following two conditions are met: (1) the exposure has contracts with layers and contracts without layers, and (2) an attached surplus share reinsurance program has a treaty with the same name as a facultative entry with target type 'LOC'. Then the byEvent table will be missing NT losses for contracts without layers. NT losses can also be incorrect, if layer peril code and location peril codes do not intersect, and a reinsurance program is attached at Layer or at Contract. This is only present for single peril models.
Resolved in Touchstone 2024 (12.0)
Date posted 5/7/2024
Software versions affected 11.5, 11.2, 11.0
Feature set Detailed loss
Models
Potential for loss numbers impact Yes
Workaround For the first case, rename the FAC entries. No workaround for the second case.